President Bush wants the Fed to control the US' money indefinitely and completely.
"Fed will gain the power to investigate any activities of financial institutions that 'threaten US economic stability,' gather information and combat risks to the financial system as a whole."
Protect the market, not the people
"But the plan does seek to address problems highlighted by the current crisis in which the Fed in an unprecedented move has begun making direct loans to securities firms in an effort to shore up a system badly shaken by billions of dollars of losses stemming from sour mortgage loans."
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